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problems come up in any startup, any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we're going to just fix it. >> the white house expects a big traffic surge to the website in a few weeks. and that's when consumers will probably rush to get insurance coverage by january 1st. >>> we're seeing startling new images of a wrecked commuter train in new york city as the engineer reveals new details about the deadly crash. >> a warning for tourists on the island of maui. the troubling trend that has wildlife officials so concerned. ,,,,,,,,,,,,,,,, boston that gutted a five s building overnight. within >>> it took more than a dozen fire engines to battle a raging fire in boston that gutted a five-story building overnight. within minutes, flames were shooting out of control blowing out several windows. according to officials, janitors were inside when the fire started. they were able to evacuate safely through a back door. no one was injured. >>> autopsies are scheduled today on actor paul walker and his business partner, who both died in a fiery crash. th
problems come up in any startup, any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we're going to just fix it. >> the white house expects a big traffic surge to the website in a few weeks. and that's when consumers will probably rush to get insurance coverage by january 1st. >>> we're seeing startling new images of a wrecked commuter train in new york city as the engineer reveals new details about the deadly crash. >> a...
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but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.
but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.
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is only likely to go for you on taxes like big items like cars or art, when it comes not fluctuating economy of california you never know when a simple cyber monday purchase could come back to haunt you. >> of course, there have been moments where they kind of needed every dime they could get. >> reporter: earlier this year, the senate passed a marketplace fairness act which would require retailers with over a million a year in sales to collect state tax but the bill is stalled in congress. and it's being rewritten. >> what do you do if you go to a site and there is no place for sales tax? in other words, you can't add it on there. they don't charge sales tax. >> reporter: a lot of companies especially smaller companies aren't required to collect this at the point of sale so you actually have to keep the receipt and when you pay your income taxes you have to say -- [ laughter ] >> -- i purchased this. >> i'm going to turn myself in? >> and pay this. >> if you don't, the state could come back and force you to pay retroactively charge you penalties. right now, it's probably only going to happe
is only likely to go for you on taxes like big items like cars or art, when it comes not fluctuating economy of california you never know when a simple cyber monday purchase could come back to haunt you. >> of course, there have been moments where they kind of needed every dime they could get. >> reporter: earlier this year, the senate passed a marketplace fairness act which would require retailers with over a million a year in sales to collect state tax but the bill is stalled in...
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. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter: instead americans found different ways to cope. in the '70s and '80s, huge numbers of women entered the workplace, partly to boost their family income. in the '90s, americans found themselves working longer hours. when they didn't work, people used their homes as piggy banks or backed out their credit cards. >> and now all of the coping mechanisms are exhausted. people have to face the fact that wages are going nowhere. >> reporter: that hurt the any for all of us. >> if they don't get paid more, they can't turn around and buy stuff. >> reporter: the cost that employers will not cover, that's picked up by you. >> rest of us su
. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter:...
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. >> this city and the economy seem to be blooming for people who have access to greater education and more experience in high-tech industry and but not necessarily people who are in our neighborhoods. >> with high-rises leading to higher rents there will be a demand for affordable housing for people who feel their being squeezed out. >>> time now 6:41. the 9ers only have two more scheduled games at candlestick. wait until you hear what it will cost to say good-bye. >> how about the market opened up about 10 minutes ago on this thursday? take a quick peek at the early numbers on wall street. everything is down. we'll have more with kcbs radio's financial reporter jason brooks. coming up. [s[man] no one told her,right?a. [son]hi! [mom screams] cold when an apartment buil caught fire in san leandro. at >>> we're following some breaking news now. dozens of children were left out in the freezing cold when an apartment building caught fire in san leandro. this is a live look at chateau bleu apartments on bancroft. it started at 4:30 this morning. about 50 people including the children evacu
. >> this city and the economy seem to be blooming for people who have access to greater education and more experience in high-tech industry and but not necessarily people who are in our neighborhoods. >> with high-rises leading to higher rents there will be a demand for affordable housing for people who feel their being squeezed out. >>> time now 6:41. the 9ers only have two more scheduled games at candlestick. wait until you hear what it will cost to say good-bye....
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. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, a just released mayoral task force report estimates the city will need to spend $10 billion on roadways and transportation just to keep pace with the growth. >> we are going to be in for a world of hurt if we don't start aggressively investing in transit. >> reporter: are we looking at gridlock? >> yes. i'm already seeing it. >> on muni now, it has $2.2 billion in unfunded deferred maintenance. >> reporter: the building goes on and on and on with the next big project being the planned warriors arena on the waterfront which is enjoying a growing support despite critic charges that it's too big and will be a traffic nightmare. according to
. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, a just released...
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. >> reporter: clearly, good for the shopper and the economy in his case. now, you should know that same- day delivery is free until christmas. here and at eastridge mall. after that it will be $5. and ebay now is offering a similar service at some select stores in the ferry building in san francisco as well free until christmas, $5 after that. >> all right. that's not bad. >> yeah. >> sounds like a good idea. they have to do something. they are getting eaten align from the online shopping. >> you can see what you like walking around. >>> coming up in the next half hour -- >> for retail it's not conducive. there's nobody. >> how neighborhood staples are falling victim to a transformation meant to attract a younger crowd. >> didn't come across as someone above everybody else. >> what a bay area pastor remembers most about his meeting with nelson mandela. >> how an investigation after the death of paul walker has led to an arrest. ,, ,,,,,,,,,,,,,,,,,, transformation... and placi >>> there's just no viability in this city for daytime retail. >> now at 6:30, f
. >> reporter: clearly, good for the shopper and the economy in his case. now, you should know that same- day delivery is free until christmas. here and at eastridge mall. after that it will be $5. and ebay now is offering a similar service at some select stores in the ferry building in san francisco as well free until christmas, $5 after that. >> all right. that's not bad. >> yeah. >> sounds like a good idea. they have to do something. they are getting eaten align from...
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the economy may be improving but not fast enough for some. triple-a travel is projecting a 3.7 in air travel this year. >>> one of the apparentlies heading out of sfo. a group of kaiser medical professionals, they left a few hours ago for the philippines to take care of typhoon victims. one nurse says her young daughter is supportive. >> my 11-year-old said mama those kids over there might not get christmas t is okay that we don't. >> team members are volunteers and many helped out after the earthquake in hatey and after hurricane katrina. >>> a family of veteran detained in north creia says he appeared to be in good health. -- korea says he appeared to be in good health. the north is accusing him of hostile acts during the war. swedish ambassador visited him in a hot skpel newman says had sebeing treated well. >>> a teen shot and killed by a sheriff's deputy may have a memorial park created in his honor. lawmakers will meet tuesday to discus requests from the community. a deputy shot 13-year-old andy lopez in october because he mistook the t
the economy may be improving but not fast enough for some. triple-a travel is projecting a 3.7 in air travel this year. >>> one of the apparentlies heading out of sfo. a group of kaiser medical professionals, they left a few hours ago for the philippines to take care of typhoon victims. one nurse says her young daughter is supportive. >> my 11-year-old said mama those kids over there might not get christmas t is okay that we don't. >> team members are volunteers and many...
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looking for better signs in the economy we are starting to see that happen. that's leading to selling on wall street. couple of companies that did well yesterday despite some selling were apple and tesla. tesla shares shot higher by 16% after german regulators cleared any manufacturing defects from those model s fires and apple shares went up about 2.5% on reports it's struck a deal with china mobile the biggest wireless carrier in china. the numbers are pulling back today. let's look at the big board. right now the dow is lower by 43 points. nasdaq is down by about 8. s&p falling by 6. and tesla shares are down 3%. apple down by .5%. back to you. >> thank you, jason brooks. >>> time is 6:47. time to get a check on traffic if you are headed out. >> reporter: two crashes on the right-hand shoulder close to each other one at whipple another at alvarado niles so we are seeing slowdowns just in the southbound lanes of 880. if you are heading towards the san mateo bridge, it's also crowded from looks like 238 down towards 92. once you get on the bridge, everything
looking for better signs in the economy we are starting to see that happen. that's leading to selling on wall street. couple of companies that did well yesterday despite some selling were apple and tesla. tesla shares shot higher by 16% after german regulators cleared any manufacturing defects from those model s fires and apple shares went up about 2.5% on reports it's struck a deal with china mobile the biggest wireless carrier in china. the numbers are pulling back today. let's look at the...
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. >> and the positive report on the economy that sends a financial market soaring. >> michael finney will answer questions here live in just a few minutes. >> and taking a look at your skyway traffic on your friday, coming up on 4:ten traffic on the right headed down to the peninsula and moving to those whoworried...... poked and prodded... taken risks... and lived in a state of "what if?"... welcome to a new state... of health. welcome to covered california. the place to find quality, affordable coverage. financial help for those in need. and nobody can be denied because of a pre-existing condition. enroll now at coveredca.com or call 1-800-752-6631. >>> people across south africa are remembering the late nelson mandela today. mourners have been gathered all day. krur taking a look there. they've built a wall of flowers and messa messages these are live pictures from outside of the home. >> south after yak's president announced a series of events to honor mandela. sunday will be a national day of prayer and reflection. tuesday a memorial service in a stadium. the body of the leader
. >> and the positive report on the economy that sends a financial market soaring. >> michael finney will answer questions here live in just a few minutes. >> and taking a look at your skyway traffic on your friday, coming up on 4:ten traffic on the right headed down to the peninsula and moving to those whoworried...... poked and prodded... taken risks... and lived in a state of "what if?"... welcome to a new state... of health. welcome to covered california. the...
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scott mcgrew, good news for the economy, though. doesn't necessarily mean good news for wall street. >> no, it doesn't, laura, because investors worry perhaps the fed will taper off easy money nor quickly, right? it's been all that easy money, the quantity takive easing, which has been supporting the markets. now, add to that more good news. first time jobless claims fell in its weekly report this morning. tomorrow morning we'll get the monthly jobs report. twitter has appointed a woman to the board of directors this morning. now, normally to be honest, i don't pay that much attention to gender of people, but twitter has been under some criticism for not having any women on the board. now, the problem with this sort of criticism is now people are going to point out that marjorie scardino is a woman and maybe less than a fact she ran a major media company and sat on the board of nokia. whatever her gender, though, she's not much of a twitter user. she's tweeted a total of one time. >> all right. thanks a lot, scott. >>> well, tonight
scott mcgrew, good news for the economy, though. doesn't necessarily mean good news for wall street. >> no, it doesn't, laura, because investors worry perhaps the fed will taper off easy money nor quickly, right? it's been all that easy money, the quantity takive easing, which has been supporting the markets. now, add to that more good news. first time jobless claims fell in its weekly report this morning. tomorrow morning we'll get the monthly jobs report. twitter has appointed a woman...
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we could be in for a very strong open here on wall street because the economy added a better-than-expected 203,000 jobs last month. wall street was expecting 180,000. the unemployment rate fell to 7% from 7.3%. that is better than expected. and that report may convince the fed to finally scale back its stimulus program. not necessarily something wall street wants to see happen. nevertheless, stock futures are reacting. they are pointing to a higher open. yesterday the dow fell for the fifth straight day down 68 points and the nasdaq slipped 4. los angeles is suing wells fargo and citigroup for mortgage discrimination. l.a.'s attorney general claims the bank's practices led to a wave of foreclosures in black and hispanic neighborhoods driving down property values and costing the city hundreds of millions in tax dollars. it's also more expensive to finance a home this week. according to freddie mac, the average rate on a 30-year fixed loan jumped to 4.46% from 4.29% last week. the rate on a 15-year loan increased to 3.47%. well, brace yourself because milk prices could double next year to $7
we could be in for a very strong open here on wall street because the economy added a better-than-expected 203,000 jobs last month. wall street was expecting 180,000. the unemployment rate fell to 7% from 7.3%. that is better than expected. and that report may convince the fed to finally scale back its stimulus program. not necessarily something wall street wants to see happen. nevertheless, stock futures are reacting. they are pointing to a higher open. yesterday the dow fell for the fifth...
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. >> inspire children to build their own businesses because later on we want to change the economy. even out distribution between low, middle and high income. >> when >> if you ever played sims it works the same way. idea won as vad vido game award of the year. >> forget right brain left brin thinking. researchers at university of pennsylvania yoused brain imaging to show how brain cells are connected. this is a male brain. compare that to women. panning down here, they're more concentrated. researchers say this shows women are hard wired for thinking and men hard wired for perception and action. showing a woman is likely to use her entire brain the man uses just half of his. >> half on a good day. >> coming up, operation santa hod ewelcome to covered california. now, you can no longer be denied coverage because of a pre-existing condition. enroll today at coveredca.com. >>> coming up, third time is a charm. how michael finney was able to give a woman a wheel share she needs >> and efforts to build a car in a day the company promising a finished product by 6:00. be sure to see if wo
. >> inspire children to build their own businesses because later on we want to change the economy. even out distribution between low, middle and high income. >> when >> if you ever played sims it works the same way. idea won as vad vido game award of the year. >> forget right brain left brin thinking. researchers at university of pennsylvania yoused brain imaging to show how brain cells are connected. this is a male brain. compare that to women. panning down here,...
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only likely to go after you for taxes on big items like cars or art, when it comes to the fluctuating economy of california, you never know when a simple cyber monday purchase could haunt you. >> there have been moments when they needed every dime they could get. >> reporter: julie watts, kpix 5. >> earlier this year, the u.s. senate passed the marketplace fairness act. it would require retailers with over a million dollars in sales to collect state tax but the bill is stalled in congress. >>> coming up at 5:19, how low will they go? a look at whether gas prices are still dropping now that thanksgiving is over. >>> and i'm dennis o'donnell. coming up, the 49ers look to gain some ground in the nfc west and the a's add some pitching to the roster in a big, bi shake-up. we'll tell you who is coming and going. >> what's cool about your school? email your nomination to us at coolschools@kpix.com. we may come and feature your school on the show. ,,,,,,,,,,,, >>> cold front sliding into the bay area. a major change in the weather coming our way. get ready for freezing temperatures. we'll talk about
only likely to go after you for taxes on big items like cars or art, when it comes to the fluctuating economy of california, you never know when a simple cyber monday purchase could haunt you. >> there have been moments when they needed every dime they could get. >> reporter: julie watts, kpix 5. >> earlier this year, the u.s. senate passed the marketplace fairness act. it would require retailers with over a million dollars in sales to collect state tax but the bill is stalled...
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the economy grew at 3.6%, higher than previously estimated. investigators are worried built fed that it may soon reduce its efforts. >>> some scary moment where is a student brought a loaded shotgun to campus. no one was hurt, but parents were let down because of how the situation was handled. >> reporter: parents and students of phillip andal -- sala acsemademic school discovered a loaded sawed-off shotgun with extra alamo inside an unattended backpack. a 16-year-old student was pulled from class and admitted bringing the gun. he was arrested and faces multiple weapons charges. >> we don't have any information that was his intent at this time we believe he brought it for his own protection. >> police say the school did not need to be locked down because the weapon had been confiscated. a letter posted to the web site says no other students were involved and safety is a top priority. a administrators mailed the parents. >> what are the protocols? what's going to happen to make sure this won't occur again? they're doing a weapons check. school
the economy grew at 3.6%, higher than previously estimated. investigators are worried built fed that it may soon reduce its efforts. >>> some scary moment where is a student brought a loaded shotgun to campus. no one was hurt, but parents were let down because of how the situation was handled. >> reporter: parents and students of phillip andal -- sala acsemademic school discovered a loaded sawed-off shotgun with extra alamo inside an unattended backpack. a 16-year-old student was...
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. >> another sign of a recovering economy. thanks, wendy gillette of cbsmoneywatch.com. >>> 5:40. hot for the holidays this year, fitness trackers and one special function gives you a boost to burn more calories. >> beer drinkers versus wine drinkers. when it comes down to it, who is the smartest? >> and still ahead, think twice before you complain to your airline. how your quibbles could cost you your frequent flyer status. ,, ,,,, ,,,,,,,, [ male announcer ] some things are simply better at home. like the enticing aroma and distinctive taste of nespresso. elegant capsules meet masterfully crafted machines, and one touch creates the perfect coffee, cappuccino, and latte. ♪ tempt all your senses with one extraordinary coffee. [ penélope cruz ] nespresso. what else? [ male announcer ] discover the world of nespresso on grant avenue and nespresso-us.com. number of retailers are offg customers a wa >>> the holiday shopping season is now in full swing. and a growing number of retailers is offering customers a way to buy big ticket items that's generating some controversy. kpix 5's
. >> another sign of a recovering economy. thanks, wendy gillette of cbsmoneywatch.com. >>> 5:40. hot for the holidays this year, fitness trackers and one special function gives you a boost to burn more calories. >> beer drinkers versus wine drinkers. when it comes down to it, who is the smartest? >> and still ahead, think twice before you complain to your airline. how your quibbles could cost you your frequent flyer status. ,, ,,,, ,,,,,,,, [ male announcer ] some...
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another, since california's economy continues to struggle, i do not believe it is appropriate for me to accept a pay raise. per diem pay will also go up from $142 a day to $163. still $10 less than before the recent cuts. hill says it's needed with the high cost of living in california. >> we don't want it just to be those of the wealthy. we want to make sure that everyone can participate and still live in their communities. >> reporter: even before this raise, california lawmakers were the highest paid in the nation. but they don't receive pensions. and many other state legislatures only meet on a part-time basis. in the newsroom, anne makovec, kpix 5. >>> it's a good day to look for deals online. cyber monday is under way, the busiest online sales day of the year for retailers. sales are expected to hit a record $2 billion, that's about $500 million more than last year. businesses are hoping for a big online shopping day after a somewhat disappointing weekend. according to the national retail federation, 141 million people went shopping over the long weekend, that's up by 2 million
another, since california's economy continues to struggle, i do not believe it is appropriate for me to accept a pay raise. per diem pay will also go up from $142 a day to $163. still $10 less than before the recent cuts. hill says it's needed with the high cost of living in california. >> we don't want it just to be those of the wealthy. we want to make sure that everyone can participate and still live in their communities. >> reporter: even before this raise, california lawmakers...
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investors willis tune comments from federal reserve officials speaking on the economy. u.s. airways and american airlines are closing their nearly $18 billion merger today, this will create the largest airline. on saturday supreme court justice ruth baders ginsburg. passengers will notice many visible changes to the jets or frequent flyer programs until next year. a group of tech companies calling on president obama and congress to impose strict limits on surveillance. the group which includes google, microsoft, yahoo! and twitter have written a letter calling for an end to mass collection of user information like e-mail and contact lists. the move comes in the wake of the leaks on u.s. spying programs by edward snowden. back to you. >> thanks very much. >> time to check the forecast right now. my mouth still frozen this morning. >> understandable. it's very cold out there. you know what, this has been a prolonged cold spell in the bay area. we're not going to get out of it for a couple days. keep those winter gloves, everything you need handy. 25 in fairfield, 22 very cold
investors willis tune comments from federal reserve officials speaking on the economy. u.s. airways and american airlines are closing their nearly $18 billion merger today, this will create the largest airline. on saturday supreme court justice ruth baders ginsburg. passengers will notice many visible changes to the jets or frequent flyer programs until next year. a group of tech companies calling on president obama and congress to impose strict limits on surveillance. the group which includes...
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is the economy getting better? what do you see for need? >> unfortunately for the people we serve, we are not seeing the need decreasing. in fact, we're seeing our pantry lines getting longer. you may have seen in the news that recently snap benefits or food stamps were cut and also holidays are a hard time for low income people as we try to provide special things for our families and everybody is looking for a special holiday meal. really appreciate the support this time of year. >> at this time of year we all seem to get so busy and running around. sometimes we just need to take a moment to think about helping some of those people. >> absolutely. we really appreciate opportunities like with whole foods and kpix 5 and most of the support we get comes from individuals and corporations. it comes right here from the community. so sure appreciate it. >> and whole foods steps forward to really help out with this event. tell us what whole foods is going to do? >> whole foods market is proud to partner with kpix 5 to support the "food for bay are
is the economy getting better? what do you see for need? >> unfortunately for the people we serve, we are not seeing the need decreasing. in fact, we're seeing our pantry lines getting longer. you may have seen in the news that recently snap benefits or food stamps were cut and also holidays are a hard time for low income people as we try to provide special things for our families and everybody is looking for a special holiday meal. really appreciate the support this time of year....
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. >> reporter: president obama discussed the economy in washington while pushing his campaign to get americans to sign up for the affordable care act. >> 3 million young americans have been able to stay on their parent's plans. >> reporter: hearings on capitol hill. one, looking at the botched roll out and its effect on taxpayers. >> no one has been held accountable for spending on a website that didn't serve the american people. >> reporter: the other, looking at how patients will be effected. >> this is an enact science here and it will involve billions. >> reporter: 1 million people visited healthcare.gov since the upgrade. supporters say it is following a path to medicare and social security. >> early set backs were resolved. critics were proved incorrect and these programs are popular with the american people. >> reporter: another worry, is the website security. a report said it may be vulinable to fraud. >>> a christmastime preddant. the man accuse -- predator. the man accused of killing a man for a playstation 4. how the victim tried to make a bargen for his life. >> they are
. >> reporter: president obama discussed the economy in washington while pushing his campaign to get americans to sign up for the affordable care act. >> 3 million young americans have been able to stay on their parent's plans. >> reporter: hearings on capitol hill. one, looking at the botched roll out and its effect on taxpayers. >> no one has been held accountable for spending on a website that didn't serve the american people. >> reporter: the other, looking at...
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that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police activity in san jose around almaden and san carlos. streets are blocked in the area. we are trying to figure out what's going on. heads up if you are traveling in the area. let's go outside. here's a live look over at the bay bridge toll plaza. the metering lights were turned on later than typical. so a lot of folks may be taking today off. you will notice if you look closely some flashing lights around the middle of the screen, there is a multicar accident. it sounds like a smaller fender- bender minor injuries. but it is in agore point. traffic is so light no major delays
that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police...
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>> john yang on the economy from chicago for us tonight. thanks. >>> big story today that came out of last night. jeff bezos, founder and head of amazon.com unveiled what he hopes will be the next big thing. delivery by drones. small package delivery by drone, federal regulations permitting. no one know ifs the idea will fly. no one knows yet if that will fly, but drones have moved in to stay in a lot of places. a lot of places. in war zones overseas they carry hellfire missiles. in studios like this one, hd cameras. along with limitless possibilities. and that, for some, is the problem. janet shamlian is live for us tonight at the amazon warehouse in arizona. janet, good evening. >> reporter: hi, brian. as quickly as the packages are moving through tonight, amazon is making big promises about even faster delivery in the future using drones. the tech giant would seem to have the resource bus some fear safety and privacy. the video had the internet abuzz. the drone buzzing over a field, landing at a customer's home and delivering a package o
>> john yang on the economy from chicago for us tonight. thanks. >>> big story today that came out of last night. jeff bezos, founder and head of amazon.com unveiled what he hopes will be the next big thing. delivery by drones. small package delivery by drone, federal regulations permitting. no one know ifs the idea will fly. no one knows yet if that will fly, but drones have moved in to stay in a lot of places. a lot of places. in war zones overseas they carry hellfire missiles....
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an economy jobs report, wall street can dance. hiring is up and so is stocks. we will go inside ebay today and find out how the auction site ashley is all it top talent. politics? budget? d-day is upon us and congress does not know if they will be able to make the deadline. wet is next week. in sports, are told about the nike deal. an exclusive interview. finally, bottoms up. we will learn how to taste a $2000 bottle of whiskey. let's get to the economy in the november jobs report. new jobs, 200-3000 knitted. the unemployment rate is down to a five-year low. >> this month came in at 7.023%. point/10 of a percentage below a six handle. the fed has been talking about exploit five percent and that is their threshold. we are getting awfully close to will not only spark taper talk but also a lot people out there that the job market is getting better. if they see in december we fall to a six percent number. so a jobs report that causes the fed to taper talk a little sooner. you might think that would freak out wall street. not the case. stocks are rising today. it is
an economy jobs report, wall street can dance. hiring is up and so is stocks. we will go inside ebay today and find out how the auction site ashley is all it top talent. politics? budget? d-day is upon us and congress does not know if they will be able to make the deadline. wet is next week. in sports, are told about the nike deal. an exclusive interview. finally, bottoms up. we will learn how to taste a $2000 bottle of whiskey. let's get to the economy in the november jobs report. new jobs,...
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inequality jeopardized this nation's middle class and urging washington to take steps to ensure the economy works for everybody. >> child born in top 20% has about a 2 and 3 chance of staying at or near the top. a child born into bottom 20% has a less than one in 20 shot at making it to the top. >> the president is also calling for a hike in the federal minimum wage saying increase would be a good step for families and the economy. right now it's 7:25 per hour, democrats pushed to increase to $ten per hour. >> a new study finds what children flern preschool may keep them from dropping out late scombrer away from crime. they did find children who received quality preschool education did better in reading and math in kindergarten but had better social skills. >> it's about paying attention, about controlling your impulses. about sharing. about regulating your behavior. it's those character skills that are going to make you an accessible citizen. >> early school successes have a chain reaction. kids who are success envelope kindergarten do well in third grade and children who perform well in t
inequality jeopardized this nation's middle class and urging washington to take steps to ensure the economy works for everybody. >> child born in top 20% has about a 2 and 3 chance of staying at or near the top. a child born into bottom 20% has a less than one in 20 shot at making it to the top. >> the president is also calling for a hike in the federal minimum wage saying increase would be a good step for families and the economy. right now it's 7:25 per hour, democrats pushed to...
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these days, signs the economy is recovering. >> more than doubled in sales. next year, we are planning to hire 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news that employers added $200,000 jobs for the last months. 40,000 in education and health care. 27,000 manufacturing jobs, 17,000 construction jobs. >> now, we are getting consistent jobs reports. it's positive. it's positive for the economy and people should feel generally better that conditions are improving. >> reporter: on closer look, the unemployment rate for adult men is 6.7%. for women, 6.2%. the numbers are higher for african-americans and teenagers. still, some worry washington's upcoming budget battles could threaten the recovery. >> the u.s. economy pays attention to what washington is doing but this is an unpredictable business. it makes it interesting, but hard to know, sort of, what washington does in the next week, month or year. what that means, how much the economy can recover and at what rate. >> reporter: there may be political unce
these days, signs the economy is recovering. >> more than doubled in sales. next year, we are planning to hire 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news that employers added $200,000 jobs for the last months. 40,000 in education and health care. 27,000 manufacturing jobs, 17,000 construction jobs. >> now, we are getting consistent jobs reports. it's positive. it's positive for the economy and people should feel...
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Dec 5, 2013
12/13
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schools giving more control to local districts but they said schools could be in for a shock if the economy takes another hit. >> one thing, the state's revenues grow and it has sustained growth. >> the audit says districts may struggle with the cost of adopting a new curriculum next year. >> lot of students in poverty. >> auditors question whether funding increases will be enough to keep the university of california and cal state affordable. he said it is a strange day when efforts to ensure every student graduates with college are labeled as high risk. >>> in 2 minutes asking businesses to buy their own names back. why one man claims he owns the rights. >> the trend of freezing temperatures forcing people to bundle up across the bay area. coming up, if the fridged conditions continue into the weekend. >> why some say this ad is offensive and others are supporting it. [ male announcer ] this is a leather-wrapped steering wheel. this is a heated leather seat. this is a secret storage space. this is another. this is 8.4 inches of go-anywhere. this is 20 inches of water-fording talent. this i
schools giving more control to local districts but they said schools could be in for a shock if the economy takes another hit. >> one thing, the state's revenues grow and it has sustained growth. >> the audit says districts may struggle with the cost of adopting a new curriculum next year. >> lot of students in poverty. >> auditors question whether funding increases will be enough to keep the university of california and cal state affordable. he said it is a strange day...
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Dec 10, 2013
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wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation transformed san francisco into gotham city last month to help make 5-year-old miles scott's wish come true. under the challenge they will give the organize the money once the bay area executive director raises the same amount. >>> still to come, we're following breaking news in oakland. an underground pipeline catches fire. an update coming up after the break. [ female announcer ] for those who love sweets your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples for homemade. you need safeway sugar for just a buck eighty-eight. and that magic thi
wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation...
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Dec 6, 2013
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in europe this year, we saw that the economy was slowing down. we had to compensate. the team really fights when those things happen to try to compensate for the macro. we try to compensate by being more aggressive and getting more merchants and doing more promotions. we are their share of checkout volume. when we have macro events, the team tries to compensate. >> in the u.s., your growth is hard to see at a micro level. what are you seeing on the economic environment? >> this quarter was supposed to start. the holidayat shopping season, it was pushed late. other than that, things are looking better and better. >> you have done so many acquisitions. we wereme about beacon. just talking about this. how do you describe it? >> we want to change how people shop. people love shopping. they hate pain. >> does that come cheap? >> everybody is like that. we want to remove the friction and make a completely invisible to pay. we did that. you can go into a coffee shop, like you did, and you just walk in. your phone vibrates, so you know you are checked in. your photo appears o
in europe this year, we saw that the economy was slowing down. we had to compensate. the team really fights when those things happen to try to compensate for the macro. we try to compensate by being more aggressive and getting more merchants and doing more promotions. we are their share of checkout volume. when we have macro events, the team tries to compensate. >> in the u.s., your growth is hard to see at a micro level. what are you seeing on the economic environment? >> this...
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Dec 6, 2013
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economy. finally we are starting to see it accelerate. they hit a five- year low dropping from 7.3 to 7%. there were a lot of jobs that were created and month of november and the october numbers or revised. the good news is that dow futures are rebound in bread dow futures are now up 144. look for a big jump on wall street. >> our top story. day three of freezing temperatures in the bay area. >> take a look, we are still setting stringent conditions. the scene sampras's go is at 43 degrees but that may not seem cold but we have actually tied an old record set 104 years ago. it hasn't been this cold and over a century. it is very chilly conditions but we will continue with this cool down. we will have impossibility of rain pripet will see it spread we are saying 20's and--38 degrees in daly city and san francisco was a 40 degrees. we are tracking a call from the combined rain, snow to the area i will break down that portion of the forecast coming up. >> let's go outside to kron four's yoli aceves. she's in livermore this morning, yoli? >>
economy. finally we are starting to see it accelerate. they hit a five- year low dropping from 7.3 to 7%. there were a lot of jobs that were created and month of november and the october numbers or revised. the good news is that dow futures are rebound in bread dow futures are now up 144. look for a big jump on wall street. >> our top story. day three of freezing temperatures in the bay area. >> take a look, we are still setting stringent conditions. the scene sampras's go is at 43...
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Dec 7, 2013
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in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not just because they are cheap? >> no. everyone is like that. we want to remove that friction and make it completely invisible to pay. with beacon, we did that. you can go into a coffee shop like he did earlier today and then your
in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right?...
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Dec 3, 2013
12/13
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people say if the economy is doing better the federal government will start tapering its bond buying. >>: housing numbers have been pretty good. we will take a look at those tomorrow. trucks and all those great. chrysler reported about 16 billion run away per year. that is a number we never thought we would get back to. so that's the story. the market is expanding. a little fear of the fence. we still know this company like this company. i think the bull market has another year plus to go to get twice earnings. i think we have another year but i think we're going to see some consolidation between now and then. >>mark: are is it the thought that we will get a slow rise in interest rates rather than a big jump. >>: yes and no. it's fascinating to look at. for the average person they are probably bored out of their mind bridge the average person at home the federal reserve has lowered the overnight lending to zero. the treasury bonds has proved up to 25262728 but the overnight is still almost as 0%. until we get unemployment about 6 1/2%. the cost of money is still pretty low. it's a lit
people say if the economy is doing better the federal government will start tapering its bond buying. >>: housing numbers have been pretty good. we will take a look at those tomorrow. trucks and all those great. chrysler reported about 16 billion run away per year. that is a number we never thought we would get back to. so that's the story. the market is expanding. a little fear of the fence. we still know this company like this company. i think the bull market has another year plus to go...
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the economy seems to be getting stronger. there are concerns the defense would in their stimulus. >> the time is 6:30 a.m.. we are continuing our team coverage of the freezing temperatures this morning pripet >> we have had temperatures get down to the teens. here's a live look from mount tam cam. it looks nice but it is not selling ice. the temperatures are colder, the coldest spot is vallejo at 19 degrees. if we're also sending new record lows. napa but set a new low at 21 degrees. livermore is at 28 and these as some of the coldest spot on this thursday morning pripet a lot of us are below freezing including san jose at 30 degrees. pleasanton is that 28 had richmond is the 34. the same deal for redwood city. san mattel is also very cold at 29 degrees. the coldest reading certain the north bay. we are seen temperatures falling in the teens for the coldest spots. it will be slow to warm things up but we will see a lot of sunshine. the temperatures will top on a low 50's. upper 40's for the inland locations. i will have more
the economy seems to be getting stronger. there are concerns the defense would in their stimulus. >> the time is 6:30 a.m.. we are continuing our team coverage of the freezing temperatures this morning pripet >> we have had temperatures get down to the teens. here's a live look from mount tam cam. it looks nice but it is not selling ice. the temperatures are colder, the coldest spot is vallejo at 19 degrees. if we're also sending new record lows. napa but set a new low at 21...
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Dec 10, 2013
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wrestle mania expected to generate $100 million for the local economy. levi stadium also considered to host college football's national championship game in 2017, and of course it's hosting super bowl 50. >> cane and his wife pledged a $50,000 matching grant and challenge to the make-a-wish foundation, the foundation transformed san francisco into gotham city last month. helping make 5-year-old miles scott's wish come true. cane will give the money once its bay area executive director raises that amount. >> let's see how they do. not bad. great. >> i want to check the commute. not so great. >> folks riding b.a.r.t., big note out from the system, over from san francisco over to dublin there is no direct service. there is service but not direct service, you'll have to transfer trains to do some mechanical issues at daly city so things are disjointed as far as reports but i can tell you barlt says no direct service so heed that barning. we're looking here toward 880 and the drive you saw from the live look. flb not a problem from the coliseum in toward down
wrestle mania expected to generate $100 million for the local economy. levi stadium also considered to host college football's national championship game in 2017, and of course it's hosting super bowl 50. >> cane and his wife pledged a $50,000 matching grant and challenge to the make-a-wish foundation, the foundation transformed san francisco into gotham city last month. helping make 5-year-old miles scott's wish come true. cane will give the money once its bay area executive director...
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Dec 5, 2013
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. >>> more positive news about the economy has investors worried the federal reserve might scale back its stimulus effort soon. traders are also awaiting tomorrow's big employment report for november. taking a live look at the big board, the dow is down 67. the nasdaq down 5. and s&p down 7. >>> for the first time, twitter has named a woman to its board of directors. 66-year-old marjorie skardino will join the board immediately. she was the former ceo of pearson and former board member at nokia. twitter has been criticized for the lack of diversity on its board. >>> today, uc berkeley is expected to announce a new naming rights deal for the field at memorial stadium. under the 15-year, $18 million deal, the field will now be called kabam field. kabam is a video game producer for mobile devices. the money will be used to help pay off the $321 renovation and earthquake retrofitting of memorial stadium. >>> excellent attendance good classroom behavior are paying off for 200 oakland school kids. the howard elementary school kids are being treated to the zoo and met some as players. santa
. >>> more positive news about the economy has investors worried the federal reserve might scale back its stimulus effort soon. traders are also awaiting tomorrow's big employment report for november. taking a live look at the big board, the dow is down 67. the nasdaq down 5. and s&p down 7. >>> for the first time, twitter has named a woman to its board of directors. 66-year-old marjorie skardino will join the board immediately. she was the former ceo of pearson and former...
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. >>> a federal reserve survey found the economy held steady during the 16-day government shoulddown. the government released its beige book survey yesterday. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek" stopped publishing print editions a year ago. the magazine's owner, ibt media, wants the weekly version to be paid for by subscription fees instead of advertising. no word on how much that magazine will cost. >>> well, the super bowl is still two months away but all the ad spots for the game broadcast have been sold. that's one month earlier than last month's game. fox sports says one reason is that the super bowl will be played in the new york market. it's estimated that some 30-second spots sold for more than $4 million. >>> and, anne-marie, you have a smartphone, right? maybe a smart tv? but how about a smart bra? well, it's a concept from micro
. >>> a federal reserve survey found the economy held steady during the 16-day government shoulddown. the government released its beige book survey yesterday. seven of the bank's 12 banking districts found the growth moderate. most will not change its stimulus program when it meets on december 17th. >>> start the presses. "newsweek" is going back into print. paper copies of "newsweek" will begin rolling off the presses next year. "newsweek"...
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Dec 7, 2013
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economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months searching for a job, he just landed at starwood hotels working in human resources. >> the fact that i have a sense of security o in a full-time job and the fact it's in my field, i feel lucky. >> reporter: employers added more than 200,000 jobs for each of the last four months. in november, many were good-paying jobs. 40,000 in education and health care. 27,000 in manufacturing. 17,000 construction jobs. so they're coming in the right places. they're coming slower than people wanted, but don't forget. we came from a very, very dark place. and so the light is starting to shine. >> the unempl
economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months...
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>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications from internet providers by tapping into tables connecting the servers in overseas data centers. in today's letter the tech firm said they are now tightening internal cyber security. we are focused on keeping users' data secure, deploying the latest encryption technology to prevent unauthorized surveillance. the tech firms are also fighting back against surveillance which is authorized. the internet companies say courts too often are compelling them to turn over potentially sensitive customer data. video the u.s.-based firms are worried all of this is bad for business. the yahoo chief says massive government sno
>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications...
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. >> the question is how would this affect the economy? some would say it would hurt small businesses. but also it can spur the economy because workers will have extra money in their pocket. >> we always have these studies. you can get a study to say anything you want. i looked at three, one from university of mass, one from the industry and one from university of california. they say it could raise the price of a hamburger from 10 to 30%. instead of $3 it could be $3.20, $3.30, $3.60. are americans willing to pay that? that's the question. if you want americans and american wages are you going to pay for it? >> there is a look of maybe keep it with inflation. have the wage increase with inflation through the years. that's one of the things they're talking about. >> that's also a good way to get out of it politically because rather than having it vote to increase it, it just goes up. >> then the prices do too. >> we'll be talking about that in the next half hour, if there is a fair increase on the way. >> the city where electronic cigarett
. >> the question is how would this affect the economy? some would say it would hurt small businesses. but also it can spur the economy because workers will have extra money in their pocket. >> we always have these studies. you can get a study to say anything you want. i looked at three, one from university of mass, one from the industry and one from university of california. they say it could raise the price of a hamburger from 10 to 30%. instead of $3 it could be $3.20, $3.30,...
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Dec 6, 2013
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the economy grew faster than expected. >>> twitter has named a woman to its board of directors for the first time. 66-year-old margerie scardino is the former ceo of a communication company. in the past twitter has been criticized for the lack of women on its boards and top officials. >>> the -- this quilt honors 45 people who have died of aids. youth uprising says it's hosting the quilt to raise awareness for aids. >>> two schoolmates diagnosed with cancer just days apart. how a community is rallying behind the girls and their families. >> i break down and cry all the time because i just can't even believe the generosity. >> a freeze warning still in effect and winter weather advisory on the way. the unusual conditions still to come in the >>> a number of home burglaries in hercules could be the work of two teenagers. in all cases they happen during the day when the homes were empty. pry marks were found in front doors. one homeowner said he found cash and electronics missing. >> you have to take extra measures. >> another victim says he walked in while the burglar was still there but
the economy grew faster than expected. >>> twitter has named a woman to its board of directors for the first time. 66-year-old margerie scardino is the former ceo of a communication company. in the past twitter has been criticized for the lack of women on its boards and top officials. >>> the -- this quilt honors 45 people who have died of aids. youth uprising says it's hosting the quilt to raise awareness for aids. >>> two schoolmates diagnosed with cancer just days...
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the economy grew faster than expected. >>> twitter has named a woman to its board of directors for the first time. 66-year-old margerie scardino is the former ceo of a communication company. in the past twitter has been criticized for the lack of women on its boards and top officials. >>> the -- this quilt honors 45 people who have died of aids. youth uprising says it's hosting the quilt to raise awareness for aids. >>> two schoolmates diagnosed with cancer just days apart. how a community is rallying behind the girls and their families. >> i break down and cry all the time because i just can't even believe the generosity. >> a freeze warning still in effect and winter weather advisory on the way. the unusual conditions still to come in the bay area forecast. >> and next a rash of burglaries. >> the neighbors across the street that have been broken into and had their stuff taken. >> why police believe one teenager is to blame. ♪ i love it! ♪ thank you grandma for the dolls. ♪ ♪ i love it! ♪ i'm ninja kicking through the halls. ♪ ♪ i love it! ♪ mom's posting pictures on
the economy grew faster than expected. >>> twitter has named a woman to its board of directors for the first time. 66-year-old margerie scardino is the former ceo of a communication company. in the past twitter has been criticized for the lack of women on its boards and top officials. >>> the -- this quilt honors 45 people who have died of aids. youth uprising says it's hosting the quilt to raise awareness for aids. >>> two schoolmates diagnosed with cancer just days...
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. >>> later today president obama talks about the economy and his call for increasing the minimum wage. in his speech the president will address the income gap between rich and poor. yesterday the subject was health care, the president urging americans to give his affordable care act a second look. major garrett reports. >> reporter: president obama asked the country for a second chance. as he did so, the president joked about the wild promises, his words, that he made about the health care law itself. promises will be fewer in the future, the president said. adding improved performance will turn obama care around. >> our poor execution in the first couple of months on the website clouded the fact that there are a whole bunch of people who stand to benefit. now this we now that we're getting technology fixed, we need to go back and take a look at what's actually going on because it can make a difference in your lives and the lives of your families, and maybe it won't make a difference right now fw you're feeling healthy, but i promise you, if somebody in your family, heaven forbid, get
. >>> later today president obama talks about the economy and his call for increasing the minimum wage. in his speech the president will address the income gap between rich and poor. yesterday the subject was health care, the president urging americans to give his affordable care act a second look. major garrett reports. >> reporter: president obama asked the country for a second chance. as he did so, the president joked about the wild promises, his words, that he made about the...
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Dec 9, 2013
12/13
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economy has added about 2000 jobs a month for the past three months and the u.s. employment rate patrick fell from 7.3 to 7%. the federal reserve will start tapering back to its massive bond buying program by the end of the year. in fact the fans got over three + six trillion dollars on its balance sheet right now. at a recent survey suggests economists think 62 percent of them think the bonds will be tapering at the end of 2014. another third the% thinks it will happen in the second quarter. it's like to be kind of ugly as the festers to taper is bound by program. the real concern is what will happen with interest rates. we get a jump or rise slowly. >>anny: of 2014. a new survey from the associated press finds one in 5 americans become rich for parts of their lives. the group is made up largely of older professionals, working married couples and more educated singles. many of them earn a household income of $250,000 or more at some point. they are liberal on issues like abortion and same sex marriage, but they are also wary of any government role in closing the
economy has added about 2000 jobs a month for the past three months and the u.s. employment rate patrick fell from 7.3 to 7%. the federal reserve will start tapering back to its massive bond buying program by the end of the year. in fact the fans got over three + six trillion dollars on its balance sheet right now. at a recent survey suggests economists think 62 percent of them think the bonds will be tapering at the end of 2014. another third the% thinks it will happen in the second quarter....